Don't Let a Cyberattack Ruin Your Business. 

Get our checklist to learn how a cyber insurance policy can help protect your business from financial losses related to cyber incidents.

Get Checklist

3 types of cyber insurance and what they typically cover

Cyber Theft

This plan covers losses resulting from identity theft.

  • First-part coverage
  • Embezzlement
  • Scams - phony invoices, money transfers

Cyber Liability

This plan covers financial losses that result from data breaches and other cyber events.

  • Ransom
  • Negotiations
  • Forensics

Cyber Extortion and Ransomware

Cyber extortion insurance covers reasonable and necessary expenses your business incurs due to a network extortion threat.

  • Third-party coverage
  • Regulatory penalties
  • Lawsuits

Having coverage and being eligible for a payout are NOT the same thing 

Just because you have a cyber insurance policy means you are automatically eligible for a payout.

To maintain a good standing with a cyber insurance company, you must be compliant with their standards, which usually means having a strong cybersecurity posture.

Many insurance providers are unwilling to take excessive risk associated with providing cyber insurance.

Without a proper cybersecurity posture, the risk may be too high for insurance companies. Ransomware risk is increasing and developing more sophisticated techniques to gain access.

Why your Business needs Healthcare Practice IT

Getting and keeping coverage can be difficult for businesses to navigate on its own. By working with us, you can not only prevent incidents but also ensure compliance with your cyber insurance provider's policy requirements, increasing your chances of a payout in the event of an incident.

Want to talk how we can make a difference for your business?

Click below to schedule a complimentary consultation.

Schedule Now.

Initial complimentary consolation

No strings attached, no hidden fees.

Schedule a Call

©2022 Healthcare Practice IT, All rights reserved. Privacy Policy